Politics Rule

Politicians Lie

If any of you had the weekend I just enjoyed you’ll better understand the underlying premise of life I abide by. It’s not that sometimes every one is right. It’s more so that every one is right all of the time, it’s just that they might not agree with you. That is a good thing. Not listening to and actually hearing what they have to say is a problem.

Before digging into the “paid for” part of this weekend’s article let’s start with what’s new in my investment world. To keep it simple, basically nothing. I’m happy holding longer term bonds through the TLT ETF and will buy more on weakness, if we see a double bottom. If not I’ll just ride them higher. Same thing for the Yen; it’s heading to the 125 level from the 150 level. it has to, Japan needs to join the fight against inflation sooner than not. I’ll short a few more Russell contracts, this time looking at the April 2024 contracts as I did with the VIX 20 calls on Friday at the close, buying the Aprils. Still have the “lucky” short on orange juice with a trailing stop to ensure profitability as is the case with my April gold contracts. That’s it, how about you?

So in essence the “markets” had a good week, good for them. Has anything worldwide really changed, no but it’s worth watching. I’m buying April contracts and options as I’m a longer-term trader. I like to put my money where my mouth is. There’s a reason I do this and it’s called politics, welcome to the 2024 presidential race. Be wary of what you’ll see, read and hear, not just listen to. People have opinions, listen to them; I do.

So You Want To Control The White House